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Hello. Why when I change the cost and price of an existing item the profit percentage shows an incorrect number?
Example:
Price: $37.81
Cost: $28.000
Profit Margin: %25.946
The Cost Update Method in Configuration was on Weighed Average so I change it to None but I still have the same problem.
Thank you.
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My calculator says 28.00/37.81=.740544... - 1 = .259455... or 25.946 PM%
Hi Luis. Can You be more specific, please? The value that You see is incorrect or You are not seeing a numeric value or ???
The Cost Update Method config is for automatically updating the cost of the Item, when receiving goods or manual adjustements, for example. And the Profit Margin field is editable, you can cnahge it manually and it will increase or decrease the Price, etc.,...
I've just tried, having the Cost Update Method as None, changing the price of an Item manualy (via Properties) and the Profit Margin field changes authomatically.
Kind regards, A.
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